A weaving, drawn-out and potentially very embarrassing day for the Jets ended with the blockbuster news that Tebow, the phenomenon quarterback who captivated the NFL last season, is coming to the Jets.

The Broncos announced it on their official Twitter account; ESPN first reported it as news.

But that was only half of the drama.

To recap: Just before 1 p.m. yesterday, the Jets' official Twitter feed declared the team had "agreed on a trade" with the Broncos for Tebow. Soon thereafter, the team sent out a text message announcing the trade to writers who cover the team and was planning a teleconference with general manager Mike Tannenbaum.

But about two hours later, ESPN first reported that the transaction had hit a snag, because of money due in Tebow's contract - specifically, about $5 million in 2012-14 salaries the Broncos paid in advance to Tebow. The Jets would be responsible for kicking back that money to Denver if they took on Tebow's contract, a detail the Jets did not realize before they agreed to exchange fourth- and sixth-round draft picks for Tebow and a seventh-round pick, the Denver Post reported.

After six more hours - and Jacksonville re-entering the race - that snag was resolved by the teams agreeing the Jets would pay half of the $5 million sum, ESPN reported. The Jets had already been subjected to widespread criticism for bumbling the transaction, including by club legend Joe Namath. What if they ended up without Tebow?

Let's back up to why the Jets are interested in the unconventional quarterback displaced by Peyton Manning's arrival in Denver. They just signed quarterback Mark Sanchez to a three-year contract extension two weeks ago, which included $20.5 million guaranteed in 2012 and 2013 - essentially guaranteeing him to be the starter over that time span. The Jets also brought in a new No. 2 quarterback last week, Drew Stanton, whose contract included a $500,000 signing bonus.

Tebow will likely be earmarked to lead the Wildcat offense that new offensive coordinator Tony Sparano championed while in Miami. But members of the organization said yesterday that his role had not yet been specifically spelled out, since the trade happened so quickly and many members of the staff had not yet studied film of Tebow in depth.

The upside of Tebow running the Wildcat, which coach Rex Ryan also likes as an offensive weapon, could be significant. But that scenario also raises concerns: Would a larger Wildcat package mean Sanchez comes off the field more? Would Tebow be comfortable in a narrow role, just months after lifting the Broncos to a first-round playoff victory as a starting quarterback?

These are questions the Jets will have to answer. They also face questions about their premature announcement of the trade. Tebow's brother, Robby Tebow, told reporters yesterday in Florida that the family thought the trade to the Jets was a done deal - but "apparently (the Jets) didn't read the fine print."

Prior to the trade announcement, one Jets player discouraged the move, reasoning that resources could be better allocated.

"Y bring Tebow in when we need to bring in more Weapons for Mark_Sanchez," cornerback Antonio Cromartie wrote on his Twitter account. "Let's build the team around him. We already signed to 3 year ext."

Tebowmania is coming to the Jets, but now the question is, what does that mean?